Birmingham is pretty cheap to get into.

Scott's book on estimating rehab costs is pretty comprehensive. 

Right now loan rates are pretty low a"nd it might be a good time to take out a loan.I think an investor will probably "low ball" offer on your house that would make you lose most or all of your equity. 

We've already made a pretty good connection with a Realtor that is very motivated and would like to find a top notch GC.

If you can ever make it --- the 4th Tues of the month has a meetup in York that's pretty good if you aren't on the road.  

Hey everyone,Pretty new to BP, but have been listening to the podcast/reading the forums for a little while and have gained an enormous amount of knowledge.

I perceive if you have a reputation as a closer you can still find some good deals, if you don’t well it’s going to be pretty tough to get an actual good deal right now.

If there's no redemption period for the prior owner and other encumbrances (mortgages, HOA, etc) have been wiped out, and potential IRS liens fall away at 120 days (whether from auction or initial foreclosure), it seems like it would be pretty straight forward to find out if there are any problems unless I'm missing something else that isn't wiped out.   

An LLC bought it for $1 from the previous owner that pretty much had squatters in it.

It’s not perfect (unless ALL your accounts are ALWAYS synced without any login problems - this is rare for me, I usually have one or two accounts at any given time where there’s a hiccup), but it’s pretty darn close.